Offshore drilling contractor Borr Drilling has received a notice of temporary suspension for its jack-up rig Arabia II, currently under contract with Saudi Aramco.The temporary suspension will be for a period of up to 12 months, Borr Drilling said, with the start date for the suspension yet to be confirmed by Sadi Aramco.The jack-up is operating in Saudi Arabia under a long-term contract with Saudi Aramco…
Offshore drilling contractor Shelf Drilling has secured a one-year extension with Chevron for its Shelf Drilling Scepter jack-up rig offshore Nigeria.The extension will begin in direct continuation of the rig’s current contract, extending the commitment until July 2026…
Offshore accommodation rig provider Prosafe has signed an agreement with an undisclosed party for the sale of its Safe Concordia semi-submersible flotel.Prosafe signed the deal through its wholly-owned subsidiary for the gross price of $5 million before commissions and expenses…
On the back of improving conditions in the offshore rig market, Singaporean asset manager and operator Keppel has set out to secure control over 13 legacy rigs held by Rigco Holding (Asset C) as part of its plan to accelerate monetization of rigs without re-entering the offshore market…
Offshore accommodation rig provider Prosafe has informed that its Safe Concordia semi-submersible flotel will remain in the U.S. Gulf of Mexico for additional four months as part of $13.1 million charter extension.The charterer of the Safe Concordia…
Offshore drilling contractor Noble Corporation announced its first drilling campaign offshore Poland.The jackup Noble Resolve will drill one well for CEP Central European Petroleum BV in the Wolin Concession starting October 2024, in direct continuation after SPS…
Esgian provides an update on exploration drilling in its Week 25 Rig Analytics Market Roundup.Report SummaryDrilling Activity and DiscoveriesOslo-listed BlueNord announced on Monday the start-up of drilling operations on the Harald East Middle Jurassic well (HEMJ) in the Danish North Sea…
Offshore drilling contractor Noble Corporation has secured a new contract for the jack-up Noble Resolve with an undisclosed operator, offshore Spain.The campaign will consist of plug and abandon work on 13 wells and is expected to start in the second quarter 2025 and last approximately 170 days…
Offshore drilling contractor Borr Drilling has received a notice of temporary suspension for its jack-up rig Arabia I, currently under contract with Saudi Aramco.The temporary suspension for Arabia I rig, currently operating offshore Saudi Arabia…
Offshore drilling contractor Borr Drilling has secured contract commitments totalling 495 days and $82.2 million in revenue for three of its jack-up rigs, excluding mobilization and demobilization compensation.Firstly, BW Energy has extended…
Offshore accommodation rig provider Prosafe has informed that its Safe Concordia semi-submersible flotel secured charter extension in the U.S. Gulf of Mexico.The charterer of the Safe Concordia flotel exercised early the first four months of six available months of options…
Awilco Drilling said Thursday that an arbitration tribunal had ruled in its favor in its second case against Singapore-based Keppel FELS over a rig contract termination. It lost the first in April 2023.Awilco Drilling in 2018 ordered a harsh…
Singaporean shipbuilder Seatrium New Energy, formerly Keppel FELS, on Tuesday announced it has delivered a new jackup rig to the UAE's ADNOC Drilling.The rig, named AlSila, is among five that Seatrium had been building for Borr Drilling. In 2022…
Offshore accommodation rig provider Prosafe said Thursday that its Safe Concordia semi-submersible flotel had started a 330-day contract in the U.S. Gulf of Mexico.The contract is with 'a major operator' in the U.S. Gulf of Mexico, and it started on August 9…
Singapore's Keppel Corp KPLM.SI on Thursday reported a more than seven-fold jump in its first-half profit boosted by a one-off gain from the sale of its offshore and marine (O&M) unit and strong performance from the infrastructure business.Keppel…
